4XXXX

MONTHLY: BUBBLE POP - MONERO & some ALTS

BITFINEX:XMRUSD   Monero / U.S. Dollar
Not too sure about posting something like this as it rather vague and I am not convinced on the accuracy of this indicator as provided on TV. Plus I am doing this without other tools. Anyway, number "9" signals a potential price flip ( bearish ) .... though the true rule is either on, or soon after that candle and the price can reach the same length of the longest candle that is highest in the sequence - that is IF a number 9 is finally achieved. So lots of room to play there! I see something similar for DASH ... I will look closer after posting this to see if so. I guess what I am posting is the question: is the end the "bubble" in sight for XMAS? :?
Oct 17
Comment: No, I do not see that for DASH (just looked).

Comments

So, XMR will dump?
Reply
4XXXX mightytrader
@mightytrader, hi. That is far too wide of a prediction for me to make as this crazy chart is on such a large time frame. I just thought it is interesting and I wrote about the accurate programing of indicator used. Also, the rules of that indicator on this scale of timeframe allow for massive movement, as I revealed. XMR is though at the point of a large equi triangle as you can see on smaller timeframes. Also, I do not have proper indicators for Monero on MT4. This chart is more for wider interest and awareness. It will be interesting to see! Thanks for your attention.
Reply
@4XXXX, Thank you for the response! =D

This morning, I went all-in on FLO (Florincoin)... I figure... it's such a small marketcap that the Whales can't manipulate it because it would be a waste of their time.

Really tired of the manipulation in these markets. Wish Donald Trump would declare war on these exchanges and confiscate some of these Whales' funds.
Reply
4XXXX mightytrader
@mightytrader, These crypto markets are not manipulated like FIAT, nothing like them, not yet, the algos are not really here yet. re: Whales ... yes, some ppl have HUGE amounts of money. Some early adopters do now all of a sudden and now they need to trade properly. My god, some of the orders that pushed BTC to new heights and burned throuh the 'little' people selling at the previous 5K ATH ... x80 / x50 coins over and over, boom! Go with them, don;t despair, they give you the big movements, the big spashes in a little pool = exciting trading. Go with it - follow the money. And maybe get better indicators & training. It's all about volume and quite predictable patterns. Don;t be fooled by the obvious and those lines and candles. It is simply about supply & demand. ... Oh and having the nerve and fast reactions to trust yourself. I'm still working on that part LOL
+1 Reply
dash was 10$ a year ago. LOL. Just zoom out man
Reply
4XXXX alexplq
@alexplq, Hi Alex. Yes we all know. I quickly changed my view on DASH in the Comment ... as DASH has changed a few lives! Also, as said, posting a chart like the above is quite crazy as it is so very vague with lots of movement/range. But I have posted it ... and Monero is at the sharp point of a big triangle. My main charts are MT4 so I cannot give the close details to most of my calls ... though most every call I have made has been correct ... today for example: for the BCH impluse strength, the BTC slight decent /not to sell then ... before for the LTC impluse climb/the tagets and retracement. But yes, this chart is quite mental I admit ... but then, if someone had known what these coins would be worth when they were only $10 folk what would folk have thought of that?
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